New DuneQuixote cyberespionage targets government entities

Kaspersky researchers have discovered an ongoing malicious campaign initially targeting a governmental entity in the Middle East. Further investigation uncovered more than 30 malware dropper samples actively employed in this campaign, allegedly expanding the...

Formal approval could see crypto soar in SA

Cryptocurrencies currently form a small portion of total investment capital in South Africa managed by fund managers, wealth managers, and financial advisors. However, the recent approval by the Financial Sector Conduct Authority (FSCA) of several financial service...

AI sets next wave of insurance disruption in motion

Artificial intelligence (AI) has been instrumental in shaping the insurance industry for the past few years and insurance providers have integrated AI models with established methodologies from the actuarial sciences to enhance risk analysis and streamline claim...

Managed services deals tipped to increase in 2024

According to the International Data Corporation (IDC) Services Contract Database, about 1 800 managed services deals were signed in 2023 worth more than $100-billion in contract value. Although the total number of deals declined compared to 2022, the average deal size...

Global IT spending bounces back

Worldwide IT spending is expected to total $5,06-trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. This is an increase from the previous quarter’s forecast of 6,8% growth and puts worldwide IT spending on track to...